Select the correct option after reading the statements.
1) Pattinapaalai states that selling any commodity at a higher price is considered bad.
2) The people of Poompuhar who traded only at fair prices were following good practices mentioned in Pattinapaalai.

Statement 1 is true and Statement 2 is the correct explanation for Statement 1.

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Statement 1 is true, but Statement 2 is not the correct explanation for Statement 1.

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Both statements are correct, but Statement 1 and Statement 2 do not have any relation.

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Both statements are invalid.

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Solution

The correct option is A Statement 1 is true and Statement 2 is the correct explanation for Statement 1.
The greatness of a literary work can be measured by its influence on the life of people in a society. The people of Poompuhar were motivated by the principles mentioned in Pattinappalai.

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Similar questions

Q. Select the correct option after reading the statements given below:
1) Poompuhar was an important trading centre.
2) It was located on the coast and had good connectivity to neighbouring towns.

Q. Mrs. Indu started a voluntary association of 10 peoples, who are also consumers. She collected the capital by selling shares to members and opened a retail shop so that they can eliminate middlemen and get the goods at low price.
(a) State the type of organisation mentioned in above case.
(b) State any 2 merits organisation.

Q. The practice of selling goods in a foreign country at a price below their domestic selling price is called ____________.

Consider the following statements:

1. Sporadic dumping is selling of goods at a low price in the foreign market to get rid of the inventory stocks.

2. Predatory dumping is selling a product at a lower price in foreign markets due to differences in elasticity of demand at home and in the foreign market.

3. Persistent dumping is destroying of competitors even at a loss initially and then, after eliminating of competitors, selling product at a high price.

Which of the above statements are correct?

Q. The difference in prices when a commodity is sold at a profit of

4 %

and at a profit of

6 %

is Rs.

3

. Find the selling prices of the commodity in both the cases.

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Select the correct option after reading the statements. 1) Pattinapaalai states that selling any commodity at a higher price is considered bad. 2) The people of Poompuhar who traded only at fair prices were following good practices mentioned in Pattinapaalai.

The correct option is A Statement 1 is true and Statement 2 is the correct explanation for Statement 1.The greatness of a literary work can be measured by its influence on the life of people in a society. The people of Poompuhar were motivated by the principles mentioned in Pattinappalai.

Select the correct option after reading the statements.
1) Pattinapaalai states that selling any commodity at a higher price is considered bad.
2) The people of Poompuhar who traded only at fair prices were following good practices mentioned in Pattinapaalai.

The correct option is A Statement 1 is true and Statement 2 is the correct explanation for Statement 1.
The greatness of a literary work can be measured by its influence on the life of people in a society. The people of Poompuhar were motivated by the principles mentioned in Pattinappalai.